China HongXing moves above all 3 Moving Averages today. Other bullish technical signs are observed too:
- 20D MA starts to head up to cross 50D MA.
- RSI and Stochastic starts heading north.
- MACD starts to get bullish signal.
- Stock Price is on top of Parabolic SAR.
- Stock Price at the upper Bollinger Band.
China HongXing finds a good support at 200D MA at about $0.155. Everything looks good but now the only thing is to closely observe whether there is enough sustainable trading volume to kick the bull to run!